Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0 10.52 0.02
Bottoms Long 0 8.67 0.32
Tops Intermediate 0 11.12 0.44
Bottoms Intermediate 0 8.50 0.19
Tops Short -0.06 9.38 0.35
Bottoms Short -0.06 8.02 0.34
alerts